Coronavirus Business Interruption Loan Scheme (CBILS)  



Redruth-based Cornwall Design and Print have been successful in accessing funding from SWIG Finance to invest in business development.

Jamie Stephens, founder of Cornwall Design and Print, studied a degree in Graphic Design at Falmouth University and is an experienced designer.

Operating previously from a small office, Stephens wanted to develop the business allowing them to take on more projects from larger organisations.

“I had a very clear idea of what I wanted to achieve, but as a young business the bank just weren’t interested. I looked online to find other sources of financial business support and came across SWIG,” says Stephens

Brian Steer, fund manager at SWIG visited Cornwall Design and Print at their premises in the Redruth Business Centre, where they were hoping to take over the bottom floor of the building.

“Brian could see what we wanted to achieve and was supportive and professional. The whole process was seamless.”

Cornwall Design and Print accessed finance through the South West Loans Fund, part-funded by the European Regional Development Fund for businesses with growth potential.

The loan meant new equipment, including a digital printing press, wages for three new employees, two designers and a copywriter and finance for the lease.

“With the new equipment we are able to do more of our printing in-house, giving us more control over the customer journey and the end product.

“We want to provide the full package, perfect design, quality printing and a focus on really good customer service.”

Mr Steer was impressed with the potential of Cornwall Design and Print.

“Cornwall Design and Print is a growing business that had a clear vision of what they wanted to achieve but were unable at that particular time to access traditional finance.

“They are a great example of a business that can really benefit from our support and funding.”

Stephens has plans to keep expanding Cornwall Design and Print, putting everything he can back into the business.

“We plan to start doing more advertising next year, attend exhibitions and trade shows.

“I know we need steady growth in phases but I want to keep expanding,” says Stephens

See the article here.

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